Darden Restaurants, through its subsidiaries, owns and operates full-service restaurants. The Company's segments include Olive Garden, LongHorn Steakhouse, Fine Dining (which includes The Capital Grille, and Eddie V's Prime Seafood and Wildfish Seafood Grille (Eddie V's) and Other Business (which includes Yard House, Seasons 52, Bahama Breeze, consumer-packaged goods and franchise revenues).  Darden Restaurants also has 50 restaurants operated by independent third parties pursuant to area development and franchise agreements.

Employee Rating

3.8More
TypePublic
HQOrlando, US
Founded1968
Size (employees)180,000 (est)
Websitedarden.com
Darden Restaurants was founded in 1968 and is headquartered in Orlando, US
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Key People/Management at Darden Restaurants

Gene Lee

Gene Lee

President & Chief Executive Officer
Michael Beacham

Michael Beacham

Senior Vice President, Franchising — President, International Operations
Matt Broad

Matt Broad

Senior Vice President, General Counsel & Corporate Secretary
Todd Burrowes

Todd Burrowes

President, LongHorn Steakhouse
Rick Cardenas

Rick Cardenas

Senior Vice President, Chief Financial Officer
Chris Chang

Chris Chang

Senior Vice President, Chief Information Officer
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Darden Restaurants Office Locations

Darden Restaurants has an office in Orlando
Orlando, US (HQ)
1000 Darden Center Dr
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Darden Restaurants Financials and Metrics

Darden Restaurants Revenue

Darden Restaurants's revenue was reported to be $7.17 b in FY, 2017 which is a 3.4% increase from the previous period.
USD

Market capitalization (9-Nov-2018)

14.0b

Closing stock price (9-Nov-2018)

112.4
Darden Restaurants's current market capitalization is $14 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

6.3b6.8b6.9b7.2b

Revenue growth, %

8%3%3%

Cost of goods sold

5.0b5.3b5.4b5.6b

Gross profit

1.3b1.4b1.5b1.6b
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

1.6b1.7b1.7b1.6b1.7b1.9b1.9b

Cost of goods sold

1.3b1.3b1.3b1.3b1.4b1.5b

Gross profit

289.3m388.6m324.9m371.7m438.5m364.7m

Gross profit Margin, %

19%22%20%22%23%19%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

98.3m535.9m274.8m233.1m

Accounts Receivable

83.8m78.0m64.0m75.9m

Prepaid Expenses

72.3m69.4m76.4m80.7m

Inventories

196.8m163.9m175.4m178.9m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

127.0m116.8m

Accounts Receivable

60.8m63.3m53.8m56.3m69.8m43.6m57.6m66.7m

Prepaid Expenses

74.3m76.8m73.0m82.3m82.2m77.5m88.3m90.4m

Inventories

418.0m461.0m170.0m183.6m168.0m208.0m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

286.2m709.5m375.0m596.0m

Depreciation and Amortization

304.4m319.3m290.2m

Inventories

(25.6m)64.5m(11.8m)5.0m

Accounts Payable

27.2m(20.9m)45.6m(9.0m)
Quarterly
USDQ2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q1, 2019

Net Income

90.0m503.2m470.4m604.2m110.2m189.7m355.3m119.0m

Depreciation and Amortization

78.7m158.8m238.4m66.8m134.6m202.5m

Inventories

26.8m34.9m55.6m13.6m(8.3m)7.3m

Accounts Payable

(39.8m)(36.9m)(43.5m)(5.0m)(27.7m)(3.5m)(46.8m)(9.0m)
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Darden Restaurants Operating Metrics

Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018

Franchised Restaurants

34 38 47 48 50 52 53 52 78 78 70

Restaurants

1.50 k1.52 k1.53 k1.53 k1.53 k1.53 k1.54 k1.54 k1.54 k1.54 k1.55 k1.70 k1.70 k1.72 k
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Darden Restaurants Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Bahama Breeze Holdings
Capital Grille Holdings
Cheddar’s Casual Café
Cheddar's Restaurant Holding Corp.
Darden Corporation
Eddie V’s Holdings
GMRI
N and D Restaurants
Olive Garden of Texas
Rare Hospitality International
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Darden Restaurants Revenue Breakdown

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Darden Restaurants revenue breakdown by business segment: 15.0% from Other business, 7.5% from Fine Dining, 22.6% from LongHorn Steakhouse and 54.9% from Olive Garden

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Darden Restaurants Online and Social Media Presence

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Darden Restaurants Company Life and Culture

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Darden Restaurants Frequently Asked Questions

  • When was Darden Restaurants founded?

    Darden Restaurants was founded in 1968.

  • Who are Darden Restaurants key executives?

    Darden Restaurants's key executives are Gene Lee, Michael Beacham and Matt Broad.

  • How many employees does Darden Restaurants have?

    Darden Restaurants has 180,000 employees.

  • Who are Darden Restaurants competitors?

    Competitors of Darden Restaurants include Starbucks, Heartstone Inns and J. Alexander's Holdings.

  • Where is Darden Restaurants headquarters?

    Darden Restaurants headquarters is located at 1000 Darden Center Dr, Orlando.

  • Where are Darden Restaurants offices?

    Darden Restaurants has an office in Orlando.

  • How many offices does Darden Restaurants have?

    Darden Restaurants has 1 office.